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Yesterday the S+P 500 and the Nasdaq 100 rose to set fresh record highs and in the case of the S+P it was something of a red letter day. The index finally printed a trade at 5,000. The high was set right on that level, at 5,000.40 to be exact. The index later posted a daily close at 4,997.91, which was also it highest ever daily close. Overnight the S+P futures are not far removed from that closing level as Asian markets are mostly higher, in what has been subdued trading due to the start of the Chinese lunar New Year holidays. The S+P 500 futures are currently pricing the reopening at 4,996.
That OPEC world oil demand outlook has just been published and the oil cartel have curt their demand outlook forecast across the board from 2026...
The European stock markets have been trading for two hours now and so far there is a standout performing index. Well, in case you did not know, it is...
According to information noted here, OPEC is due to deliver its 2025 World Oil outlook at 9.40am GMT this morning. This can be a market moving event...
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